Casa Helena: a building for sale in Casco Viejo
Casa HelenaCasco Viejo
- 30 Beds
- 1,220 m²
$2,279,000
$1,868 / m²
35-Room Hotel for Sale in Casco Viejo
An operating 35-room hotel with commercial frontage in Casco Viejo
Casco Viejo, Panamá
Active
$950,000
USD$1,357 / m²
- 700 m²Built area
- 1,357 m²Land
- 35Bed
- 10Bath
Overview
An operating 35-room hotel in Panama City’s Casco Viejo area pairs an established hospitality business with two commercial premises on the ground floor. Set in a high-flow tourism and commercial zone, the property offers investors an existing operation alongside additional street-level commercial space. The hotel has 700 m² of construction on a 1,357 m² lot and is described as being in good condition. It is currently operating, with approximate income of USD 7,000 per month. The asking price is USD 950,000. The property also has potential for increased income through renovation and modernization. Casco Viejo is a short distance away, with the Cinta Costera, a beach and the Presidency of the Republic nearby. The property could suit an investor considering a refreshed hotel operation, a boutique-hotel concept or tourist rentals. Real estate may be considered as part of the negotiation. Contact Casanova Realty to request further operating details or arrange a visit.
In Short
The hotel is currently operating and reports approximate income of USD 7,000 per month. It is near Casco Viejo, the Cinta Costera, a beach and the Presidency of the Republic.
Before You Decide
- The 35-room operating hotel includes two ground-floor commercial premises.
- Approximate reported monthly income is USD 7,000; operating expenses and net income are not included in the available figures.
- Renovation and modernization are identified as opportunities, so buyers should evaluate the scope and budget.
- Real estate may be considered in negotiation, subject to terms agreed by the parties.
Highlights
- Asking price: USD 950,000
- 35 hotel rooms
- Two commercial premises on the ground floor
- 700 m² of construction on a 1,357 m² lot
- Currently operating, with approximate income of USD 7,000 per month
- Potential for renovation, modernization and a boutique-hotel or tourist-rental concept
- Near Casco Viejo, the Cinta Costera, a beach and the Presidency of the Republic
- Real estate may be considered as part of the negotiation
At a Glance
- Status
- Available
- Asking price
- USD 950,000
- Price per construction m²
- USD 1,357.14/m²
- Hotel rooms
- 35 rooms
- Construction area
- 700 m²
- Lot area
- 1,357 m²
- Commercial premises
- 2 on the ground floor
- Property type
- Hotel
- Neighborhood
- Casco Viejo
- City
- Panama City
- Listing ID
- CNV-PROP-041970
Key Facts
- Category
- Hospitality
- Unit type
- Hotel Income Property
- New or resale
- Resale
- Condition
- Good
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
11 photographs of this residence.
Explore Hotel
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Bedrooms
- 35
- Full baths
- 10
- Total
- 700 m² · 7,535 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $950,000
- Price per m²
- $1,357 / m²
- Cash to close (est.)
- $285,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $285,000
- Loan amount
- $665,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$4,095
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare the USD 950,000 asking price against the 700 m² construction area and the 1,357 m² lot.
- The indicative gross yield is 8.84%, calculated from approximate monthly income and the asking price, before expenses.
Value Comparison
Asking price per m², against the building, the sector and the country.
Hotel$1,357 / m²
Casco Viejo average$4,075 / m²
Panama average$4,306 / m²
Asking 67% below the Casco Viejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The hotel is offered at USD 950,000 and is currently operating. Approximate income is USD 7,000 per month, equivalent to an indicative gross yield of 8.84% using the asking price. Renovation and modernization may offer value-add potential; operating expenses and net income figures are not available here.
- 8.8%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Renovation and modernization, with potential to develop a boutique-hotel or tourist-rental concept.
Price History
- Listed · October 2026$950,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo
San Felipe, Panamá
Hotel for sale in Casco Viejo, Panama
Casco Viejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCasco Viejo on Casanova today
- Active sale listings
- 98
- Active rentals
- 0
- Median asking price per m²
- $4,084
Getting Around
San Felipe, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price?
The asking price is USD 950,000.
How many rooms and commercial spaces does the hotel have?
The hotel has 35 rooms and two commercial premises on the ground floor.
What are the construction and lot areas?
The property has 700 m² of construction and a 1,357 m² lot.
Is the hotel operating, and what monthly income is reported?
The hotel is currently operating and reports approximate income of USD 7,000 per month.
Can real estate be offered as part of the negotiation?
Yes. Real estate may be considered as part of the negotiation.
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Interested in 35-Room Hotel for Sale in Casco Viejo?
Speak to our team — viewings in person or by video, usually within 48 hours.